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The Independent UK

Lifestyle

Furvah Shah

Boohoo records £117 million drop in profits due to Covid

Boohoo Julie Palmer Pandemic

PA Archive

Online fashion retailer Boohoo has revealed a £117 million drop in their profits caused by the coronavirus pandemic.

Bosses said they saw a fall in customer demand with pre-tax profits falling from £124.7 million to £7.8 million in just 12 months.

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